Zenith Bank traded at 124.30 this Tuesday August 4th, decreasing 0.60 or 0.48 percent since the previous trading session. Looking back, over the last four weeks, Zenith Bank lost 18.38 percent. Over the last 12 months, its price rose by 63.77 percent. Looking ahead, we forecast Zenith Bank to be priced at 120.54 by the end of this quarter and at 111.93 in one year, according to Trading Economics global macro models projections and analysts expectations.
Zenith Bank Plc (The Bank) is a Nigeria-based company, which is engaged in the provision of banking and other financial services to corporate and individual customers. The Bank's segments include Corporate, Retail Banking and Pension Custodial services-Nigeria, which provides a range of banking and pension custodial services to a range of corporations, financial institutions, investment funds, governments and individuals, and Outside Nigeria Banking-Africa and Europe, which provide a range of banking services to a group of corporations, financial institutions, investment funds, governments and individuals outside Nigeria. The segments cover banking operations in other parts of Africa (Ghana, Sierra Leone and The Gambia) and Europe (the United Kingdom). The Bank's operations are primarily organized on the basis of its geographic areas, which are Nigeria, Rest of Africa and Europe. Its subsidiaries include Zenith Bank (Ghana) Limited and Zenith Bank (Sierra Leone) Limited.